Analysis of Ideas for Bitcoin and Ethereum
Bitcoin: Buy between 85500-86000, target 89500
Ethereum: Buy near 2900-29500, target 3130
From a technical structure perspective, the KDJ indicator for Bitcoin/Ethereum at the weekly level has slightly weakened in its decline this week, while the MACD has been in a contraction phase for three consecutive weeks. Last week showed a rebound followed by a decline, indicating significant selling pressure at higher points. Additionally, the DIF and DEA are in a continuous downtrend, and the lower Bollinger Band is also widening. Overall, this week may see a situation of a rebound followed by a decline, with the timing and strength of the rebound likely not being very strong.
At the daily level, today's KDJ and MACD indicators are oscillating near the midpoint, while the Bollinger Bands are approaching upwards during the day; the MA5 daily average line continues to press down, and the MA30 daily average line is flattening and oscillating. Personally, I expect that in the evening, the short-term market will mainly experience sideways oscillation with upward movements. In terms of operations, it is advisable to treat it as a buy on dips for now; specific points can be referenced:
